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AFKDAO

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What is AFKDAO?

Afkdao — a decentralized protocol that promotes a play-to-earn economy. It provides potential investors with easy access to investment opportunities in games and metaverse projects through initial game asset offerings and automated strategies, connecting game projects, guilds and players from the very beginning of an nft project.

Contents:

Afkdao - dapp.expert

About the Afkdao project

Through DAO governance, the community will be able to select game portfolios, allow for guilds and treasury strategies on behalf of the DAO, creating the strongest and largest player syndicate in the play-to-earn space. The developers believe that the “play-to-earn” mechanism can change the paradigm of the gig economy, as well as ensure the mass adoption of crypto asset management. The vision - to combine liquidity, talent and brilliant projects and enable the economy to develop sustainably with sufficient scalability and decentralization.

Commission distribution:

1. 10% commission for the sale of the mystery box.
2. 3% NFT trading fees
3. 20% NFT auction fees are distributed automatically as a service fee.
4. 50% of the service fee income belongs to the treasury, the remaining 50% of the $AFK trade-in will be burned.

Through AFKDAO, games, guilds and investors are effectively connected. By providing infrastructure on the network, the team allows guilds to raise NFT assets in the same way as a decentralized fund manager, effectively reducing their treasury risk. Meanwhile, promising new games will have special scholarship programs since the initial NFT release through AFK Game Aggregator. This will stimulate demand for NFTs and ensure that NFTs get into the right hands of users.

AFKDAO consists of four components: game asset launcher, game aggregator, NFT liquidity protocol and DAO governance. It provides an intelligent gateway for anyone who can easily participate in the game to earn, while projects can boost their economy and professional players can profit and shine.

More about new nft dapp

AFKDAO members will be able to create badges that give them early access to NFT in-game assets through the IGO Launchpad. Whitelisted guilds and pro gamers will also be able to run their own staking pools where NFT holders can lend their gaming assets and earn income from various play-to-earn games and strategies.

Thanks to the delegation protocol, anyone with ERC-721 or ERC-1155 gaming assets can easily become available for rent on the network.AFKDAO

AFKDAO will take it one step further by introducing a composite lending and borrowing protocol for widespread gaming assets so that lending and borrowing can be done at any time. Other infrastructures such as Oracle for GameFi and NFT unsecured lending are also on the road ahead.

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.